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Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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Al Bawaba
July 6th, 2015 - 04:04 GMT

GCC nationals' employment prospects hampered by lack of experience

Al Bawaba
July 6th, 2015 - 03:43 GMT

Brent crude falls to lowest global benchmark in three months following Greek vote

Al Bawaba
July 6th, 2015 - 03:34 GMT

US statement and wording of new 'anti-BDS' legislation muddles the debate

Al Bawaba
July 6th, 2015 - 03:03 GMT

GCC portable-PC sales decline as smart devices market projected to rise 29% by 2019

Al Bawaba
July 6th, 2015 - 12:26 GMT

Royal Jordanian is starting regular flights to a new destination in Saudi Arabia

Al Bawaba
July 6th, 2015 - 11:10 GMT

Where are the tourists? Hotel stays in Beirut second-lowest in the Middle East

Al Bawaba
July 6th, 2015 - 10:55 GMT

Iran imports $5 billion worth of genetically modified crops despite restrictions

Al Bawaba
July 6th, 2015 - 08:43 GMT

Abu Dhabi's Dana Gas at a seven-month high after Kurdish ruling

Al Bawaba
July 5th, 2015 - 08:38 GMT

App to let residents control ‘smart home’ by phone

Al Bawaba
July 5th, 2015 - 08:20 GMT

Qatar Airways launches flight to new destination in Tanzania

Iranian President Rouhani and Russian President Putin. (AFP/File)
July 5th, 2015 - 01:14 GMT

Iran, Russia discuss direct airline after sanctions

The Egyptian pound weakened to 7.73 against the dollar in a central bank auction on Sunday.
July 5th, 2015 - 12:53 GMT

Egyptian pound weakens against dollar

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